Let's hope that this auction doesn't negatively affect the BTC price too much.
These coins aren't usually dumped on the market.
Exchanges usually buy them at a good price and sell them for a better price.
Hacked coins are usually dumped coins.
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anyway the discussion is on people lowing the market exchange rate so that the auction will take place when the bitcoin price is low
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The idea that "people" are lowering the BTC price, in advance of the auction is delusional. Only exchanges could do that with manipulation.
Last round of US GOV auction didn't even have much interest of bidders, to buy up the cheaper coins.
BTC price decline to due to BTC reaching its current actual reasonable price.
Its not like after all the auctions, BTC is gonna jump to $800.